Switzerland Country Factfile

Record numbers of millionaires are relocating internationally as governments raise taxes and political uncertainty grows. Dr. Alexander Schiemenz of LINDEMANNLAW discusses the factors driving this unprecedented exodus and explains why Switzerland continues to be the preferred destination for high-net-worth individuals seeking stability and legal certainty.

In this article we will discuss 5 major pitfalls to watch out for when moving from standard wealth management services (provided by a private bank) to dedicated family office services.

On 1 October 2026, Switzerland's Federal Act on the Transparency of Legal Entities (TJPG) and new Anti-Money Laundering Act (AMLA) obligations for advisers enter into force, raising critical questions for single family offices about which companies, activities, and responsible persons are covered. With the Swiss SFO landscape representing approximately CHF 785 billion in family wealth across an estimated 300 organizations, understanding exemptions, registration requirements, and compliance deadlines

Given the size of the Swiss pension fund market, it presents a highly attractive opportunity for non-Swiss fund sponsors – especially as Swiss pension funds increasingly seek international diversification.

Family offices are ‘in fashion'. A growing number of wealthy families are considering the use of a multi-family office and an ever-increasing number of companies are starting to offer multi-family office services.

Switzerland has a long established reputation for professional expertise when managing the affairs of wealthy private individuals.

What has been the most impactful innovation your firm introduced recently, and how has its shaped client outcomes or internal efficiency?

The SFTA published the much anticipated draft version for the Guideline: Standard for the Automatic Exchange Of Information with regard to financial accounts - Common Reporting Standard.

The escalating conflict in the Middle East — triggered by U.S.-Israeli strikes on Iran and subsequent Iranian attacks on Gulf states in early March 2026 — has set in motion...